Funding you earn now, next payment 04:00 UTC+0.0742%/8h= +81.2% APRnext payment +$3.71 per $10,000 · paid last 24h +0.022%
Price spread now: OKX against BingX+0.083%7-day average +0.327% · you sell dearer than you buy
Net, funding: paid 7d − costs−$307as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1021.025% of the position
Funding, last 7 days−2.048%−$205 on $10k
+Price spread, last 7 days+1.435%+$144 · spread now +0.083%, 7d avg +0.327%
=Funding pays, the price is against you. OKX is 0.244% cheaper against BingX than usual: you would sell low and buy high (spread +0.083% now, against its 7-day average of +0.327%). If the spread goes back, that is −$24 on $10k: about 26 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 7 days funding on this pair cost −2.048%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZIL-USDT | 0.003634 | −0.1734 | get 0.0867% / 4h | 2h 50m | — | $2.5M | — |
| Short | OKX ZIL-USDT-SWAP | 0.003637 | −0.0992 | pay 0.0496% / 4h | 2h 50m | $1.0M | $2.7M | 20x |
BingX ZIL-USDT
OKX ZIL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $155.78
- Price spread: +0.083% → +0.327%
- −$24.44
- Slippage, 4 orders
- −$82.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $28.87
- Costs to cover
- 1.025%
- Break-even
- 5.7 days
Slippage from BingX: live order book, 13 min ago; OKX: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 13 min ago | 4.12 bp | 19.0 bp −$19 | 47.7 bp −$477 | 398.1 bp −$39.8K | 486.4 bp −$243.2K |
| Sell OKX live order book, 1 min ago | 1.37 bp | 31.0 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
ZIL on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZILUSD | −0.3620% | 1h | 0.003646 | +0.335% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.1966% | 4h | 0.003665 | +0.853% | $2.4M | $230K | 25x | as long as short |
| Bybit ZILUSDT | −0.1917% | 8h | 0.003635 | +0.028% | $2.9M | $3.7M | 25x | as long as short |
| BingX ZIL-USDTlong | −0.1734% | 4h | 0.003634 | long leg | — | $2.5M | — | |
| OKX ZIL-USDT-SWAPshort | −0.0992% | 4h | 0.003637 | +0.083% | $1.0M | $2.7M | 20x | |
| Aster ZILUSDT | −0.0906% | 4h | 0.003630 | −0.110% | $147K | $52K | 10x | as long as short |
| Gate ZIL_USDT | −0.0902% | 4h | 0.003643 | +0.248% | $396K | $343K | 50x | as long as short |
| Variational Omni ZIL | −0.0779% | 8h | 0.003632 | −0.057% | $16K | $26K | — | as long as short |
| MEXC ZIL_USDT | −0.0762% | 4h | 0.003629 | −0.138% | $2.4M | $827K | 125x | as long as short |
| Binance ZILUSDT | −0.0758% | 4h | 0.003630 | −0.110% | $4.4M | $10.6M | 25x | as long as short |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Bybit ZILUSDT
Aster ZILUSDT
Gate ZIL_USDT
Variational Omni ZIL
MEXC ZIL_USDT
Binance ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZIL-USDT | −0.0730% | 4h | 0.003626 | −0.220% | $256K | $153K | 25x | as long as short |
| Bitget ZILUSDT | −0.0546% | 4h | 0.003637 | +0.083% | $1.3M | $874K | 25x | as long as short |
BloFin ZIL-USDT
Bitget ZILUSDT